Merger Agreement with Fidelity Terminated

RICHMOND, Va., Nov. 21 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE: LFG) announces that the merger agreement previously executed on November 7, 2008 with Fidelity National Financial, Inc. ('Fidelity') has been terminated. Under the agreement, Fidelity had sole discretion to terminate on or before November 21, 2008.

LandAmerica Chairman and Chief Executive Officer Theodore L. Chandler, Jr. said, 'We are disappointed with Fidelity's decision; however, our attention remains focused on strengthening LandAmerica's business and exploring strategic alternatives during these incredibly difficult economic times.'

About LandAmerica Financial Group, Inc.

LandAmerica Financial Group, Inc. is a leading provider of real estate transaction services with offices nationwide and a vast network of active agents. LandAmerica serves its agent, residential, commercial and lender customers throughout the United States, Mexico, Canada, the Caribbean, Latin America, Europe and Asia. LandAmerica is recognized as number one in the mortgage services industry on Fortune's(R) 2007 and 2008 lists of America's Most Admired Companies.

The Company cautions readers that the statements contained herein regarding the Company's future financial condition, results of operations, future business plans, operations, opportunities, or prospects, including any factors which may affect future earnings, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon management's current knowledge and assumptions about future events and involve risks and uncertainties that could cause actual results, performance or achievements to be materially different from any anticipated results, performance or achievements, expressed or implied by such forward-looking statements.